TORONTO, June 28,
2022 /CNW/ - The shareholders of Intertape Polymer
Group Inc. (TSX: ITP) have agreed to the terms of a Plan of
Arrangement resulting in the acquisition by Clearlake Capital
Group, L.P. Each share of Intertape Polymer Group will receive
C$40.50 cash consideration.
Intertape Polymer Group will be removed from the S&P/TSX
Composite Index and S&P/TSX Canadian Dividend Aristocrats Index
after the close of June 30, 2022,
prior to the open of trading on July 4,
2022.
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